Cbiz is assisting a client in the search for a Director of Finance.

The Director of Finance will be the senior-most financial executive in the Firm and a proactive and integral part of the Firm's leadership team. This role demands the ability to manage detailed data with a strategic understanding of the Firm’s financial health and success.

Responsibilities:

• Financial Operations Oversight:
• Manage all financial operations of the Firm.
• Provide guidance on business strategy, operations, management, and high-level business issues.
• Transaction Processing:
• Process bank transactions, including wires, ACH, and internal transfers.
• Compensation Management:
• Calculate owner compensation estimates and collaborate with the Management Committee to review and adjust estimates.
• Prepare compensation analyses for lawyer onboarding.
• Financial Reporting and Analysis:
• Prepare and present weekly, monthly, quarterly, and annual financial reports.
• Provide data analysis and insights for timekeepers and the Firm.
• Calculate and review profitability monthly for timekeepers and departments.
• Budget and Accounting Liaison:
• Prepare and maintain the annual budget.
• Act as primary liaison with outside accountants for tax returns, PTET, and related issues.
• Team Leadership:
• Oversee the Finance and Accounting team.
• Assist HR team with performance review statistics.
• Billing and AR Support:
• Provide high-level support for complex billing and accounts receivable issues.
• Manage annual billable rate increases and notices.
• Trust Account Management:
• Manage and monitor client trust/IOLTA accounts.
• Tax and Payments Management:
• Handle PTET process and payments for the Firm and owner entities.
• Provide information for and pay estimated taxes for certain owners.
• Banking Relations:
• Work with banks and owners for line of credit renewals.
• Monitor bank accounts, reconcile real estate closings, and manage cash flow.
• Reporting and Reconciliation:
• Review monthly income statements and balance sheets.
• Review contractor payments, AP, and monthly partner draws.
• Bonuses and Investments:
• Calculate and process quarterly origination bonuses.
• Manage investment entities and investments.
• Contract and Insurance Management:
• Review contract renewals and collaborate on business insurance renewals.
• Lead management committee meetings and partner meetings.
• IT Collaboration:
• Partner with the IT team on relevant projects.

Qualifications:

• Bachelor’s degree (advanced certifications like MBA, CPA, CLM preferred).
• Over ten years of leadership experience in law firm management.
• Strong computer and technical skills, with proficiency in Excel and Coyote Analytics.
• Ability to quickly learn and solve problems.
• Strong organizational skills.
• Experience in client-oriented settings and team development.
• Excellent communication and collaboration skills.
• Familiarity with multi-state issues and PTET.

Applicable Technology Systems:

• Coyote Analytics (Accounting and Billing software)
• NetDocuments (Document management system)
• MS Office Suite (O365), with Advanced Excel proficiency
• iSolved (HR/payroll system)

The annual salary target for this job is $200,000-$250,000. The specific compensation for this role will be determined based on the education, experience, and skill set of the individual selected for this position.

EQUAL OPPORTUNITY EMPLOYER

CBIZ is an affirmative action-equal opportunity employer and reviews applications for employment without regard to the applicant’s race, color, religion, national origin, ancestry, age, gender, gender identity, marital status, military status, veteran status, sexual orientation, disability, or medical condition or any other reason prohibited by law. If you would like more information about your EEO rights as an applicant under the law, please visit these following pages EEO is the Law and EEO is the Law Supplement .